What Affected Frontier’s Broadband Customer Acquisitions in Q3 2018?
Now let’s take a look at Frontier Communications’ (FTR) performance in terms of broadband subscriber net additions in the third quarter. Wall Street analysts expect a net loss of Frontier’s broadband subscribers in the third quarter, mainly due to the migration of Frontier’s subscribers to the top US cable players, including Charter Communications (CHTR) and Comcast (CMCSA). In the second quarter, on a net basis, Frontier lost 32,000 broadband subscribers compared to its loss of 100,000 broadband subscribers in the previous year’s quarter. The company’s number of broadband subscribers had fallen ~4.9% YoY (year-over-year) to 3.9 million as of June 30.